New York, Jan 13, 2026, 12:44 EST — Regular session
- Venture Global shares climbed roughly 7% in midday trading, rebounding from a drop the previous day following a profit forecast downgrade.
- The LNG exporter revealed its fourth-quarter cargo volumes, highlighting a significant fee disparity between its two plants.
- Investors await the full Q4 report, looking for updates on 2026 pricing and shipping forecasts.
Shares of Venture Global jumped roughly 7% to $7.90 during midday trading on the New York Stock Exchange Tuesday, recovering after the U.S. liquefied natural gas exporter lowered its full-year profit forecast just a day earlier.
This move is significant because the company’s recent update finally put a concrete figure on an issue traders have debated for weeks: just how fast shipping delays and price fluctuations can erode margins on spot LNG cargoes.
This comes before Venture Global’s fourth-quarter results, which will reveal the cash flow and complete earnings details behind the headline export volumes.
Venture Global reported exporting 128 LNG cargoes in Q4, selling 478.3 trillion British thermal units (TBtu) of LNG, according to a Jan. 12 filing. The company’s implied weighted-average fixed liquefaction fee — a rough estimate of its earnings for converting gas into LNG — came in at $5.15 per million British thermal units (MMBtu). (SEC)
The company reported that both volume and pricing took a hit from swings in Henry Hub U.S. gas prices and international LNG rates, coupled with limited vessel availability in the Atlantic basin. It also moved up scheduled maintenance toward the end of the quarter and noted that forward pricing for February and March 2026 had strengthened compared to year-end levels.
Venture Global trimmed its full-year 2025 consolidated adjusted EBITDA forecast to $6.18 billion–$6.24 billion, down from $6.35 billion–$6.50 billion and shy of the $6.36 billion analysts had expected, per LSEG data. Shares dropped roughly 3% on Monday following the revision. (Reuters)
Shares bounced back Tuesday, climbing close to $7.90 following Monday’s roughly $7.38 close. By midday, around 8.7 million shares had changed hands.
Wells Fargo’s Michael Blum kept a hold rating and an $8 price target on Monday, highlighting that the guidance reset reflects softer international spreads and ongoing shipping bottlenecks.
Those same factors could swing in the opposite direction. A renewed squeeze on LNG carrier availability, a fall in international gas prices, or unexpectedly high costs from customer disputes might weigh on realised fees and drag earnings below the tightened range.
Investors are now turning their attention to Venture Global’s full fourth-quarter and full-year results, where the company will reveal net income, cash flow, and provide its 2026 outlook. According to Nasdaq’s earnings calendar, the report is due on March 5. (Nasdaq)
